StarkWare is based in Israel Annouced on Tuesday via Twitter (NYSE:) that it had raised $50 million in a Series C funding round, and that the firm’s valuation is now at $2 billion. Sequoia Capital, along with other investors was the main investor. StarkWare launched seven months ago. 75 million were raised in Series B fundingParadigm was the one who led it.

This is news This isStarkNet Alpha 2 will be launched shortly. The company has also released an upgrade of its Zero-Knowledge Rollup technology (or zk–Rollup) on mainnet. This is scheduled to deploy by November end. StarkNet Alpha, according to the company, will allow permissioned smart contracts to be deployed. This allows anyone with an interest to scale on this technology.